Bell Food Group (XSWX:BELL) ROC (Joel Greenblatt) %: 4.28% (As of Dec. 2025) — 52% Below Median


XSWX:BELL Bell Food Group Ltd XSWX:BELL
58 GF Score
Price CHF179.00
GF Value CHF286.35
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Bell Food Group ROC (Joel Greenblatt) %?

Bell Food Group XSWX:BELL -1.32% 58 ROC (Joel Greenblatt) % is 4.28% as of Dec. 2025, which is 52% below its 10-year median of 8.87. GuruFocus rates XSWX:BELL with a GF Score™ of 58/100 and a GF Value™ of CHF286.35 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,969 Consumer Packaged Goods companies, Bell Food Group ranks worse than 67.75% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Bell Food Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.28%.

The historical rank and industry rank for Bell Food Group's ROC (Joel Greenblatt) % or its related term are showing as below:

XSWX:BELL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.07   Med: 8.87   Max: 12.95
Current: 5.12

During the past 13 years, Bell Food Group's highest ROC (Joel Greenblatt) % was 12.95%. The lowest was 5.07%. And the median was 8.87%.

XSWX:BELL's ROC (Joel Greenblatt) % is ranked worse than
67.75% of 1969 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs XSWX:BELL: 5.12

Bell Food Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.10% per year.


Bell Food Group  (XSWX:BELL) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Bell Food Group ROC (Joel Greenblatt) % Related Terms


Bell Food Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Bell Food Group's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bell Food Group ROC (Joel Greenblatt) % Chart

Bell Food Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.02 8.78 8.22 7.85 5.07

Bell Food Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.13 6.52 10.14 6.01 4.28

XSWX:BELL vs KHC, GIS, HRL: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Bell Food Group's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bell Food Group ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bell Food Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bell Food Group's ROC (Joel Greenblatt) % falls into.


XSWX:BELL
58GF Score
Bell Food Group Ltd XSWX:BELL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bell Food Group ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(333.8 + 568.9 + 0) - (198 + 0 + 380.2)
=324.5

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(362.1 + 534.3 + 0.20000000000005) - (262.9 + 0 + 221.2)
=412.5

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bell Food Group for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=95.2/( ( (1858.5 + max(324.5, 0)) + (1853.6 + max(412.5, 0)) )/ 2 )
=95.2/( ( 2183 + 2266.1 )/ 2 )
=95.2/2224.55
=4.28 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROC (Joel Greenblatt) % of 4.28% mean?
Bell Food Group (XSWX:BELL) has a ROC (Joel Greenblatt) % of 4.28% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Bell Food Group and its competitors. This is 52% below median its historical median of 8.87. Over the past decade, Bell Food Group's ROC (Joel Greenblatt) % has ranged from 5.07 to 12.95. According to the industry distribution chart, Bell Food Group ranks #1334 out of 1969 companies in the Consumer Packaged Goods industry, placing it in the top 67.8%.
Is Bell Food Group's ROC (Joel Greenblatt) % too high?
Bell Food Group's current ROC (Joel Greenblatt) % of 4.28% is 52% below median its 10-year median of 8.87. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 12.95. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Bell Food Group's value of 4.28% is 64.3% below this industry median. Based on the distribution chart, Bell Food Group ranks #1334 out of 1969 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Bell Food Group has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bell Food Group's ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Bell Food Group ranks #1334 out of 1969 companies for ROC (Joel Greenblatt) %. This places Bell Food Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Bell Food Group's value of 4.28% is 64.3% below this benchmark. Historically, Bell Food Group's own ROC (Joel Greenblatt) % has ranged from 5.07 to 12.95 over the past decade. While the company's 10-year median is 8.87 vs. the industry median of 11.99, Bell Food Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,969 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bell Food Group's current ROC (Joel Greenblatt) % of 4.28% is 64.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Bell Food Group and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bell Food Group's current ROC (Joel Greenblatt) % is 4.28%, which is 52% below median its own 10-year median of 8.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Food Group stock overvalued right now?
Based on GuruFocus' analysis, Bell Food Group (XSWX:BELL) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF286.35, compared to a current price of CHF179.00 — trading 37.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4.28%, which is 52% below median its 10-year median of 8.87 and 64.3% below the Consumer Packaged Goods industry median of 11.99. Bell Food Group's overall GF Score™ is 58/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Bell Food Group (XSWX:BELL), the current ROC (Joel Greenblatt) % is 4.28% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bell Food Group (XSWX:BELL) Overvalued in 2026?

Based on GuruFocus' analysis, Bell Food Group stock appears to be undervalued. The current stock price of CHF179.00 is trading 37.5% below its estimated GF Value™ of CHF286.35. GuruFocus considers Bell Food Group to be Significantly Undervalued.

Key valuation signals for XSWX:BELL:

  • ROC (Joel Greenblatt) %: 4.28% (52% below median its 10-year median of 8.87)
  • GF Value™: CHF286.35 vs. price of CHF179.00 (37.5% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 64.3% below the Consumer Packaged Goods median (#1334 of 1969)

No single metric tells the full story. See the XSWX:BELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bell Food Group Business Description

Other Exchanges BELLz:UK0RFX:UKBWGA:Germany
Address Elsasserstrasse 174, Basel, CHE, 4056
Bell Food Group Ltd is a food processor that provides meat, charcuterie, poultry, and convenience products. Bell operates in five divisions: Bell Switzerland, supplying retailers, wholesalers, food service, and food processing; Bell international, operating in Germany, Austria, France, Poland, and other European countries; and Eisberg, Hilcona, Hugli, Hubers/Sutag. Bell Switzerland represents maximum of the company's income.
58GF Score

Get the complete analysis for XSWX:BELL

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF179.00
Price
CHF286.35
GF Value